Acrylic-Based Masking Tapes Market Report 2024

This Acrylic-Based Masking Tapes market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The acrylic-based masking tapes market size has grown strongly in recent years. It will grow from $51.32 billion in 2023 to $55.23 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth during the historical period can be attributed to the rising demand within the automotive industry, increased adoption in construction, expansion in industrial applications, greater use in packaging, and growth in the electronics sector.

The acrylic-based masking tapes market size is expected to see strong growth in the next few years. It will grow to $74.41 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth projected for the forecast period can be attributed to rising demand from the automotive industry, expansion in the packaging sector, increased usage in electronics manufacturing, a growing need for high-performance tapes, and heightened awareness of adhesive solutions. Key trends during this period include the integration of eco-friendly adhesives, the implementation of advanced adhesive technologies, the development of high-temperature tapes, improvements in durable backing materials, and the adoption of multi-purpose tapes.

The growing adoption of construction practices is expected to drive the growth of the acrylic-based masking tapes market in the future. Construction activities are on the rise due to factors such as increasing urbanization, infrastructure development, and heightened demand for residential and commercial spaces. Acrylic-based masking tapes are commonly used in construction for accurate surface protection, offering strong adhesion and weather resistance during painting and finishing tasks. For example, in November 2023, the Office for National Statistics (ONS), a UK government department, reported significant growth in construction metrics for 2022, with total new work increasing by 15.8% and new orders rising by 11.4% compared to the previous year. Thus, the growing adoption in construction is propelling the growth of the acrylic-based masking tapes market.

Key companies in the acrylic-based masking tapes market are focusing on developing recycled masking tapes to promote sustainability and address the increasing consumer demand for eco-friendly options. Recycled masking tape, made from reclaimed materials, serves as an environmentally friendly alternative while maintaining the adhesive strength of traditional tape. For instance, in August 2022, Tesa SE, a German company specializing in adhesive products, introduced the 60412 recycled PET packaging tape. This tape is designed for packages weighing up to 30 kg and is compatible with both manual and automatic dispensers. It features an abrasion-resistant backing, pressure-sensitive acrylic adhesive suitable for recycled cardboard, and low noise unwinding, showcasing its sustainable performance.

In September 2024, ADDEV Materials, a French manufacturer of tapes and flexible materials, acquired ATL Corp. for an undisclosed amount. This acquisition aims to strengthen ADDEV Materials' global presence in healthcare, particularly in medical tapes and adhesive solutions, by utilizing ATL's expertise and creating synergies with its existing operations. ATL Corp. is a US-based company that specializes in manufacturing various adhesives, tapes, and foams made from acrylic, rubber, or silicone.

Major companies operating in the acrylic-based masking tapes market are Berry Global Inc., Avery Dennison Corporation, Mas Corporation, Nitto Denko Corporation, Uline Inc., TESA SE, ORAFOL Europe GmbH, Lohmann GmbH & Co. KG, 3M India Limited, Mirka India Private Limited, Mactac Americas LLC, Caplugs Inc., Nichiban Co. Ltd., Cortec Corporation, Adhesives Research Inc., Tapecon Inc., Cantech Industries Inc., Adhesive Specialities, TapeCase Ltd., Ajit Industries Private Limited, JTAPE Limited, Sumax Engineering Private Limited, KOVAX Corporation, Morris Products Inc., Seal King Industrial Co. Ltd.

Asia-Pacific was the largest region in the acrylic-based masking tapes market in 2023. The regions covered in the acrylic-based masking tapes marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the acrylic-based masking tapes marker report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Acrylic-based masking tapes are adhesive tapes that utilize an acrylic adhesive applied to a backing material, typically made of paper or plastic. These tapes are designed to mask off areas, protect surfaces, and secure components during industrial and construction activities. They offer strong adhesion, withstand high temperatures, and can be removed cleanly without leaving residue, making them suitable for precise applications.

The primary types in the acrylic-based masking tapes market include single-sided and double-sided tapes. Single-sided acrylic-based masking tape features adhesive on one side and a backing material on the other. The backing materials can include plastic, paper, foam, and more. These tapes have various applications across sectors such as automotive, construction, healthcare, electrical and electronics, packaging, aerospace, and others.

The acrylic-based masking tapes market research report is one of a series of new reports that provides acrylic-based masking tapes market statistics, including acrylic-based masking tapes industry global market size, regional shares, competitors with an acrylic-based masking tapes market share, detailed acrylic-based masking tapes market segments, market trends, and opportunities, and any further data you may need to thrive in the acrylic-based masking tapes industry. This acrylic-based masking tapes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The acrylic-based masking tapes market consists of sales of high adhesion acrylic masking tape, acrylic foam masking tape, heat resistant acrylic masking tape, low tack acrylic masking tape, and ultraviolet (UV) resistant acrylic masking tape. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resale's along the supply chain, either further along the supply chain or as part of other products.


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